Benchmark performance for each portfolio category is based on the strategic weightings described above and may differ from actual weightings of client holdings during the period displayed. Client portfolios included in each portfolio category are based on client’s stated investment strategy and not on actual asset class weightings within each client’s portfolio. The volatility of each benchmark may be materially different from that of the investment portfolio. The percentage of clients outperforming their benchmark may be less than shown if benchmark weightings were adjusted to reflect actual client asset weightings over the same period. The Difference % in performance between WI Net Return % and Benchmark % may be less than shown, or negative, if benchmark weightings were adjusted to reflect actual client asset weightings over same period.
Past performance should not be taken as representative of future results. A portfolio’s performance is a simple or straight average of the time weighted performance of the client portfolios included in each portfolio category. The portfolio performance presented may be materially different if using an asset-weighted average of the client portfolios’ performance included in each portfolio category. The information supplied and the formula calculations used are considered reliable but cannot be guaranteed. Information supplied can change without notice.
The performance results portrayed reflect the following: the deduction of expenses paid by the client during the period shown; and, the reinvestment of dividends, capital gains, and other earnings when appropriate (such may be invested in a money market fund or other cash equivalent pending reinvestment).
The results portrayed relate only to a select group of WI’s clients and excludes portfolios that:
The results portrayed may be materially different if excluded accounts were otherwise included in the performance presented. Additional information is available upon request.